EUR/USD: Sustained Break Above 200DMA Signals Further Advance
The Euro regained traction and jumped on Monday, generating signal that larger bulls are resuming […]
The Market Stays Cautious ahead of Jerome Powell’s Speech and the NFP Report
On Friday, the Canadian dollar was the best-performing currency among the 20 global currencies we […]
AUD/USD Pair is Currently Consolidating Losses Below 0.6700
The Aussie Dollar failed to clear the 0.6800 resistance against the US Dollar. The AUD/USD […]
Week Ahead: Unrest in China, Inflation data, Powell, and NFP upcoming
Last week was a bit slower than usual due to the US Thanksgiving holiday, but […]
Week Ahead – Decisive Week for the Dollar as PCE Inflation and NFP Reports Coming Up
After the Thanksgiving downtime that generated some further weakness for the greenback, investors will be […]
Trade Idea: What’s Next for Yen Crosses?
AUDJPY The wedge scenario on AUDJPY is such that the upper trendline dates as far […]
Weekly Focus – Euro Inflation Key to Zize of Next ECB Hike
Flash PMI’s for November turned out to be a mixed bag. US data disappointed as […]
Forex Friday: Dollar, Yuan and Euro
Welcome to Forex Friday, a weekly report in which we discuss selected currency themes mainly […]
EUR/USD Pair is Now Rising and Trading above 1.0400
The Euro started a steady increase above the 1.0300 and 1.0320 resistance levels against the […]
Elliott Wave View: GBPUSD Near Term Remains Bullish
Short term Elliott Wave View in GBPUSD suggests that the cycle from 11.4.2022 low is […]
USDCAD Retreats as Latest Recovery Fades
USDCAD has been in an uptrend since March, storming to a fresh 29-month high of 1.3976 […]
Yields Lower Despite Hawkish ECB Comments
Market movers today No major data releases are scheduled for today, but Swedish October PPI and […]